BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $27233 | 1.88% |
| ETHEREUM | $1871 | 1.08% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.22 T | 0.40% |
| TRADING VOLUME | $34.00 B | 39.50% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| Unitrade | $0.26 | 565.22% |
| PalGold | $0.000051 | 120.19% |
| dfohub | $0.0021 | 58.69% |
| Navcoin | $0.12 | 55.23% |
| MoonieNFT | $0.000073 | 48.62% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| Cryptopay | $0.00058 | 98.45% |
| Crabada | $0.0015 | 49.92% |
| Zenon | $2.34 | 42.89% |
| Synthetify | $0.0084 | 41.12% |
| Quark | $0.00083 | 24.58% |
On Sunday, several major cryptocurrencies saw an increase in trading activity and positive price movements, as investors analysed the macroeconomic climate and uncertainties within the cryptocurrency industry. This heightened trading activity was a result of investors closely scrutinising the current economic landscape and addressing issues within the cryptocurrency industry.
Major Events Around the World
Trust Wallet, a popular crypto wallet, recently revealed a security vulnerability that led to losses of almost $170,000 for some of its users. Fortunately, the company has since patched the vulnerability. The issue was brought to Trust Wallet's attention through its bug bounty program, when a security researcher reported a WebAssembly vulnerability in the open-source library Wallet Core in November 2022. The company has stated that any wallet addresses generated between November 14 and 23, 2022 by the Browser Extension contain this vulnerability, but all addresses created before and after those dates are safe. Trust Wallet takes the security of its users seriously and is committed to ensuring that their funds remain secure.
Coinbase, the largest cryptocurrency exchange in the United States, is considering moving offshore due to the Securities and Exchange Commission's lack of clear regulations for the crypto industry. However, Coinbase is not backing down from the fight and is preparing for a lengthy legal battle. In a recent tweet, Brian Armstrong, the CEO of Coinbase, mentioned a special meeting with the SEC and stated that the exchange will continue to advocate for a clear set of rules for crypto firms in the United States. This development comes after the financial regulator issued a "Wells notice" to Coinbase regarding the listing of various digital assets, staking, and wallet services..
The city of Changshu in China has recently announced that all civil servants within its jurisdiction will receive their full salaries in digital yuan, starting from May 2023. This move is in line with the country's efforts to promote the use of digital currency and reduce the reliance on physical cash. The financial authorities in the city have issued a notice stating that civil servants, including those in public service, public institutions, and state-owned units at all levels, will be compensated in digital yuan. This means that employees will no longer receive their salaries in physical cash or through traditional bank transfers.
COIN GABBAR Views: Cryptocurrency market is exhibiting indications of reversing its recent downtrend. The question on everyone's mind is whether the price of Bitcoin will recover the $30,000 mark before the end of April. Additionally, there is speculation as to whether the price of Ethereum will rise to $2,000 or plummet to $1,500. To navigate these volatile markets, it is essential to stay up-to-date on the latest trends, news, technical and fundamental analysis, and expert opinions. Please stay tuned with us www.coingabbar.com
Also read: U.S. National Security at Risk as China Gains
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
